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Official Let's Make Some Money Off Stocks Thread

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Old 01-05-2009, 08:38 AM
  #1841  
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Any suggestions on purchases this week? I am moving over 3k this morning to start a position in something. it seems like a good time to buy...but i need to pick a stock or two. I already own small positions in AAPL, IR, and WFMI (unfortunately). I know..im not doing too well...but NOW is the time to turn it around. Any thoughts/suggestions to help would be greatly appreciated!
Old 01-05-2009, 09:03 AM
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My holdings are churning higher and to me it makes me nervous because the fundamentals aren't there to support it YET, just a lot of speculation.
Old 01-05-2009, 10:00 AM
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I agree with you ExOdy, I really don't know why stocks are still rallying. I'm looking to buy but I just can't justify why some prices are going up.
Old 01-05-2009, 12:27 PM
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The stock market works on future earnings. It's saying the earnings are going up in the future and I tend to agree. We've got 4-6 months of bad news before the purges end and housing hit bottom. Then things will turn around for the second half of 09 (cautiously).

Choppy waters now but there is ridge of high pressure in the forecast. Time to buy top companies cheap.
Old 01-05-2009, 04:45 PM
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Profit taking on NOV/BP today. I'm still long many oil stocks but I know the difference between skill, luck, and greed when it becomes obvious enough.

Take some off the top if you are seeing too much green. Took some LINE off the table too.
Old 01-06-2009, 09:12 AM
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took some off the table today.
Old 01-07-2009, 09:04 AM
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Anyone like RIG and NE?
Old 01-08-2009, 05:11 AM
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Big speech on the stimulus package at 11AM EST today. I expect a big move up following it.
Old 01-08-2009, 06:52 AM
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I bought some RIG and some ATVI yesterday...
Old 01-08-2009, 11:31 AM
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Getting hammered today trading. I got eaten alive this morning and still not sure why.


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